The Virginia Science Tecnology Engineering And Applied Mathematic is located in Suffolk, VA. The organization was established in 2012. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Science Tecnology Engineering And Applied Mathematic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Virginia Science Tecnology Engineering And Applied Mathematic generated $89.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $81.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (29.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
THE VIRGINIA STEAM ACADEMY WILL INCLUDE, BUT NOT BE LIMITED TO, THREE COMPONENTS: (A) A PUBLIC, RESIDENTIAL (BOARDING) ACADEMY FOR 9TH - 12TH GRADE STUDENTS FROM ACROSS THE COMMONWEALTH OF VIRGINIA WHO SHOW EXCEPTIONAL ABILITY AND INTEREST IN SCIENCE, ENGINEERING, OR MATHEMATICS, (B) A SUMMER RESIDENTIAL ACADEMY FOR HIGHLY ABLE MIDDLE SCHOOL STUDENTS, GRADES 6TH - 8TH, WHO SHOW ABILITY AND INTEREST IN SCIENCE, ENGINEERING, OR MATHEMATICS AND (C) HIGH-QUALITY PROFESSIONAL DEVELOPMENT FOR K-12 TEACHERS AND ADMINISTRATORS ACROSS VIRGINIA, AND DIGITAL ON-DEMAND CLASSROOM INSTRUCTION FOR MIDDLE AND HIGH SCHOOL STUDENTS ACROSS VIRGINIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Ezzell Board Chair | 10 | $0 | |
Grace Chung Becker Vice Board C | 2 | $0 | |
Judy K Stewart President An | 28 | $0 | |
E Dana Dickens III Treasurer/se | 2 | $0 | |
Jim Cheng Director | 2 | $0 | |
Louise Epstein Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,650 |
Total Program Service Revenue | $38,954 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $89,606 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,000 |
Professional fees and other payments to independent contractors | $17,667 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $429 |
Other expenses | $43,442 |
Total expenses | $81,538 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,260 |
Other assets | $0 |
Total assets | $12,260 |
Total liabilities | $174 |
Net assets or fund balances | $12,086 |
Over the last fiscal year, we have identified 2 grants that The Virginia Science Tecnology Engineering And Applied Mathematic has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
Sentara Healthcare Norfolk, VA PURPOSE: ENCOURAGE THE STUDY OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS | $20,000 |
Peninsula Community Foundation Of Virginia Hampton, VA PURPOSE: GENERAL SUPPORT | $15,000 |
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